There's a fellow here who's been living in Igatpuri his entire life. He owns property in SUBK Village, across the street, and in an area to the west of the Vipassana International Academy and was telling me about each. The land to the west seems promising. It's not farmland, which simplifies things, and it's divided into plots of 4000-6000 sqft each. Prices range from 3-4 lakh / 1000sqft. That brings the price of a complete acre up to 1.3 cr to 1.7 cr... which is more expensive than I've seen on real estate websites. But it's close enough to water, electricity, fiber internet, etc. that it won't require (a) somehow acquiring a farmer's license or (b) developing the land from scratch, possibly including a road. Plots of 4-6 ksqft mean 7-10 plots per acre. Would anyone want to try this experiment with 3-5 plots, clubbed together? We could vary the plot size afterward based on what people were interested in buying. The clubbing would just increase our buying power. If we did ~20,000sqft (half acre) we could try cutting it up between ~10 people (5 families) at a cost of 6-8 lakh / person. Thoughts? -steven On Mon, Oct 26, 2020 at 6:11 PM Steven Deobald <steven@...> wrote:
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